Analysts Are Bullish on These Consumer Goods Stocks: Sonae SGPS (GB:0ML0), Tate & Lyle (GB:TATE)
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Sonae SGPS (GB:0ML0)
In a report issued on May 22, Julian Megias from Kepler Capital maintained a Buy rating on Sonae SGPS, with a price target of EUR1.50. The company's shares closed last Friday at EUR1.25.
Megias has an average return of 19.1% when recommending Sonae SGPS.
According to TipRanks.com, Megias is ranked #4884 out of 9562 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sonae SGPS with an EUR1.50 average price target.
Tate & Lyle (GB:TATE)
In a report issued on May 22, Karel Zoete from Kepler Capital maintained a Buy rating on Tate & Lyle, with a price target of p880.00. The company's shares closed last Friday at p545.00, close to its 52-week low of p507.00.
According to TipRanks.com, Zoete is ranked #7717 out of 9562 analysts.
Tate & Lyle has an analyst consensus of Strong Buy, with a price target consensus of p772.50, which is a 37.0% upside from current levels. In a report issued on May 16, Citi also upgraded the stock to Buy with a £6.70 price target.
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